| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (47.6) | 14.3 | 9.8 | 15.4 | 24.5 | 35.1 | +43.5% | |
| Depreciation & amortization | 3.6 | 4.0 | 4.3 | 5.5 | 4.9 | 0.0 | −100.0% | |
| Stock-based compensation | 0.0 | 0.1 | 0.2 | 0.3 | 0.7 | 0.0 | −100.0% | |
| Change in working capital | 454.4 | 186.5 | (282.8) | (145.9) | (0.0) | 62.8 | +421320.8% | |
| Operating cash flow | 501.2 | 236.0 | (258.2) | 96.4 | (118.0) | 148.4 | +225.8% | |
| Capital expenditure | (2.7) | (4.1) | (7.9) | (9.8) | (7.4) | (7.4) | +0.4% | |
| Acquisitions | 0.1 | 0.1 | 0.5 | 0.0 | 0.0 | 0.4 | — | |
| Investing cash flow | 3.9 | (145.1) | (129.0) | (124.3) | 85.3 | (331.5) | −488.7% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (498.2) | 83.9 | 54.1 | 27.5 | (85.4) | (65.2) | +23.6% | |
| Financing cash flow | 225.9 | 426.1 | 114.5 | 516.2 | 125.4 | 280.6 | +123.8% | |
| Free cash flow | 498.5 | 231.9 | (266.1) | 86.6 | (125.5) | 141.1 | +212.4% | |
| Net change in cash | 208.9 | 174.2 | (273.9) | (0.4) | 92.5 | 0.0 | −100.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
